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Due to upcoming changes with IMO2020 regulations, Swire Shipping now has requirements for both IFO380 and IMO2020 compliant fuel types. Swire Shipping wishes to advise that the Bunker Adjustment Factor (BAF) applicable on all North and Southbound cargo to and from Australia and New Zealand to Papua New Guinea and Solomon Islands has been revised as outlined below.
With high price volatility anticipated during this IMO2020 fuel transition phase, the review frequency will change from quarterly to monthly.
Revised BAF levels as follows:
USD 779.00 per TEU
USD 1,558.00 per FEU
USD 39.00 per r/t
Effective vessel / voyages:
Northbound
Melanesian Pride V.017N
Szechuen V.1916N
Southbound
Morobe Chief V.1931S
For further information please do not hesitate to contact your local Swire Shipping representative.